London market News
Weaker Post-Brexit Rules for Insurers, Banks Would Be a Disaster: BoE Official
Weakening rules for banks and insurers after Brexit would be "anathema," but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said ...
A New Brexit Referendum? Liberal Democrats See Possibility
Is Prime Minister Theresa May mulling a second referendum on Brexit? Liberal Democrat leader Vince Cable certainly seems to think so. Out canvassing for the May 23 European elections in a leafy ...
Lloyd’s CEO Neal Pledges to Halve Costs in Modernization Push
Lloyd's of London plans to halve the cost of buying insurance through the 330-year-old market as part of a strategy to restore the fortunes of the company. Chief Executive Officer John Neal said he ...
Deadline Reportedly Approaching for Ongoing UK Brexit Talks With Labor
The British government wants talks with the opposition Labour Party on a Brexit compromise to reach a conclusion by the middle of next week, several British journalists reported on Tuesday citing ...
Brexit Inertia Leaves London’s Finance Workers With Summer Slump
The weeks before Easter are usually some of the busiest of the year for bankers, lawyers and consultants in the City of London, as clients rush to get deals done before a run of public holidays. But ...
Lloyd’s Will Now Restrict Drunk People From Entering Its Offices
Lloyd's continues to tighten up its workplace rules by restricting people from entering Lloyd's premises who are drunk or under the influence of drugs. The new rule, which was included in a market ...
More Brexit Chaos as UK Parliament Rejects Four Alternative Plans
Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister ...
Germany’s Merkel Dives Into Brexit Process to Help Shield EU From UK Turmoil
Angela Merkel will this week stage her most significant intervention in the Brexit process in more than two years, as the European Union moves to shield itself from the fallout of political chaos in ...